Global solar outlook, Q2 2019

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According to our latest research, Global solar PV installations will reach a new high of 114.5 GW in 2019, up 17.5% over 2018. The market is now back on a strong growth trajectory – 2018’s slow-down was just a blip – and we expect annual installations to rise to around 125 GW per year by the early 2020s.

Which solar markets are on the cusp of a boom?

The global PV market continues to diversify rapidly. Countries installing between 1 and 5 GW annually will be the market’s growth engine. In 2018 there were 7 such markets, by 2022 there’ll be 19, with new names including Saudi Arabia, France and Taiwan.

Number of solar markets crossing gigawatt-thresholds through 2024

Our latest Global solar market outlook provides the industry's most in-depth view of the global solar landscape. Download the report's free executive summary to get access to:

  • Our year-by-year forecast through 2024
  • Ranking and forecast for the top 15 markets through 2024
  • Installation share by system size by country
  • Global policy spotlights
  • A dive into the latest Brazil auction 

Complete the form to download the free executive summary. To purchase the full 44-slide report, click here.